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What bank bombshell means for youThe banking royal commission’s final report has singled out one of the big four banks for failing to learn from its misconduct. Nothing Zilch Nada
Source: newscomauHQ - 🏆 9. / 77 Read more »
What the royal commission proposals mean for your moneyThe banking royal commission recommendations need to be implemented through government legislation. That doesn't mean enacting them exactly as the report suggests.
Source: smh - 🏆 6. / 80 Read more »
Banks furious over royal commission lock-out | Sky News AustraliaThe major banks have expressed concern after it was revealed they will not have access to the banking royal commission findings before they are released to the public. \n\nMembers of the media have been invited to attend a three-hour lock-up on Monday to read the report, but members of the banking industry have been restricted. \n\nBanking representatives fear members of their industry could discover they are being pursued for criminal charges through media articles. \n\nThe Opposition has also slammed the government for releasing the report on Monday, three days after it was first handed the findings. \n\n\n\n\n\n Good. So why would these criminals be any different to any other criminal identified in an inquiry. Still trying to live a life of privilege. I would be amazed if the BIG 4 don't already have a copy.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
'There should be criminal charges': Little closure for bank victimsVictims of dodgy banking practices want the royal commission recommendations to go further. Josh frydenberg is weak. The LNP is weak. crooksprotectingcrooks Auspol it's a disgrace that the banks got off so lightly ... if i steal money i get charged with theft, and go to court, and then jail ... the bankers involved are criminals! These accounts of how the banks staff treated them are disgusting. But what would you charge them with?
Source: abcnews - 🏆 5. / 83 Read more »
Banking royal commission report: The key recommendationsThe long-awaited final report of the banking royal commission has recommended sweeping changes to address the root causes of poor behaviour in the scandal-plagued sector and criminal penalties for those caught doing the wrong thing.
Source: newscomauHQ - 🏆 9. / 77 Read more »